Bright Green Corporation

Bright Green Corporation

BGXX
Bright Green CorporationUS flagOther OTC
0.04
USD
+0.04
- -
7.26MMarket Cap
2020 Y
2021 Y
2022 Y
2023 Y
TTM
Revenue per Share
- -
- -
- -
- -
- -
Basic EPS, GAAP
-0.02
-0.02
-0.17
-0.07
-0.05
Free Cash Flow per Basic Share
- -
-0.01
-0.08
-0.03
-0.01
Dividend per Share
- -
- -
- -
- -
- -
Book Value per Share
-0.02
-0.04
-0.21
-0.26
-0.27
Tangible Book Value per Share
0.05
0.05
0.07
0.06
0.05
Basic Weighted Avg Shares
158
158
162
179
186
Sales/Revenue/Turnover
- -
- -
- -
- -
- -
Operating Margin (%)
- -
- -
- -
- -
- -
Depreciation Expense
1
1
1
1
1
Net Income, GAAP
-3
-2
-28
-13
-10
Effective Tax Rate (%)
- -
- -
- -
- -
- -
Profit Margin (%)
- -
- -
- -
- -
- -
Working Capital
- -
1
-7
-6
-6
LT Debt
- -
- -
4
- -
- -
Total Equity
7
8
12
11
10
Return on Invested Capital (%)
- -
- -
- -
- -
- -
Return on Capital (%)
- -
- -
- -
- -
- -
Return on Common Equity (%)
- -
- -
- -
- -
- -

Capital Structure

FRC

in mil. unless spec.
Dec'23
Mar'24
Jun'24
ST Debt
2
- -
1
LT Borrowings
- -
- -
- -
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
185
190
190
Market Capitalization
58
44
47

Working Capital

FRC

in mil. unless spec.
Dec'23
Mar'24
Jun'24
Total Current Assets
- -
- -
- -
Cash, Cash Equivalents & STI
- -
- -
- -
Accounts Receivable, Net
- -
- -
- -
Inventories
- -
- -
- -
Total Current Liabilities
6
5
6
Payables & Accruals
5
5
6
ST Debt
2
- -
1
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
- -
-5.3%
Free Cash Flow
- -
- -
-60.98%
Net Income, GAAP
- -
- -
-52.54%
Sales/Revenue/Turnover
- -
- -
- -
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2022
- -
- -
- -
- -
- -
2023
- -
- -
- -
- -
- -
2024
- -
- -
- -
- -
- -

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2022
- -
-0.12
-0.04
- -
-0.17
2023
-0.02
-0.02
-0.01
- -
-0.07
2024
-0.01
-0.01
- -
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2022
- -
- -
- -
- -
- -
2023
- -
- -
- -
- -
- -
2024
- -
- -
- -
- -
- -

Company Description

APIChat
CEO
Lynn Stockwell
Full Time Employees
5
Sector
Healthcare
Industry
Drug Manufacturers - Specialty & Generic
Address
401 East Las Olas Boulevard Fort Lauderdale FL United States of America 33301
IPO Date
May 17, 2022
Business
Bright Green Corporation operates as a producer and manufacturer of plant-based drugs and active pharmaceutical ingredients (APIs), specializing in federally authorized cannabis and cannabis-derived products for medicinal applications. The company's core offerings include legal cannabis, cannabis extracts, tetrahydrocannabinol, and pharmaceutical-grade APIs produced under Good Manufacturing Practices (GMP) and DEA regulations, primarily serving research, manufacturing, export, and medicinal product preparation markets across the United States. Founded in 2019 and headquartered in Grants, New Mexico, Bright Green aims to improve quality of life by advancing medicinal plant-based therapies with a focus on compliance and federal legalization. Bright Green Corporation has recently undergone significant strategic restructuring highlighted by a court-supervised merger with PharmAGRI Capital Partners, which transforms the company into a sovereign pharmaceutical platform integrating its DEA registrations and pharmaceutical assets into PharmAGRI's fully integrated "seed to syringe" infrastructure. This merger includes the appointment of Lynn Stockwell as CEO and Chairwoman, setting a new leadership direction. The company is also strategically partnering with Tesla to deploy up to 10,000 Optimus 3+ humanoid robots across its operations as part of a modernization and automation effort. Bright Green has filed for Chapter 11 bankruptcy reorganization with plans to emerge stronger, backed by federal loan guarantees and substantial investment to secure and expand pharmaceutical production capacity. Additionally, the company plans an initial public offering (IPO) by the end of 2025 to enable broader market access and federal contract execution. Recent capital commitments and debt financing initiatives aim to advance commercialization and DEA compliance efforts at its production facilities. This evolution situates Bright Green Corporation within the pharmaceutical and federally regulated cannabis industries, serving clients ranging from medical researchers to pharmaceutical manufacturers and government contractors, with a strategic focus on North American markets. The company also maintains strategic partnerships, such as with Benuvia Operations LLC, to leverage its manufacturing facilities for producing pharmaceutical-grade raw materials, positioning itself as a key provider in the federally authorized medicinal cannabis and pharmaceutical supply chain. Through these developments, Bright Green consolidates its regulatory certifications and strengthens its operational footprint in the emerging federally compliant plant-based drug sector.

Company News

APIChat
  • Lynn Stockwell and Bright Green Corporation File $3 Billion Lawsuit Against Rodey Law Firm and Attorneys’ Liability Assurance Society (ALAS) for Legal Malpractice and Bad Faith

  • Wedbush's Ives Sees 'Bright Green Light' for Tech Stocks

  • PharmAGRI Capital Partners Targets $10 Billion Federal Procurement Opportunity for Onshored Plant-Based Prescription Drugs Bright Green Corporation “BGXXQ” Q and A

  • Bright Green Corporation Merges with PharmAGRI Capital Partners; Lynn Stockwell Appointed CEO and Chairwoman

  • Is Media And Entertainment A Growth Sector? These 3 Legacy Giants Are Flashing Bright Green

  • Bright Green Corporation Announces the next steps for the completion of its restructuring plan

  • Bright Green Corporation Announces the completion of its restructuring plan, withdraws from the Cannabis business and sets course on the production of all DEA Scheduled Controlled Substances

  • Bright Green Corporation Has Signed Agreement with Majority Shareholder as Plan Sponsor on Prepackaged Plan to Restructure the Company.

  • LYNN STOCKWELL ENTERS INTO A RESTRUCTURING SECURITY AGREEMENT (“RSA”) WITH BRIGHT GREEN CORPORATION AND ASSUMES THE ROLE OF EXECUTIVE CHAIR AND CEO.

  • Bright Green Corporation Provides an Update, Reinforces Commitment to Shareholders, and Focuses on Growth and Strategic Partnerships

  • BRIGHT GREEN EMBARKS ON MAJOR PARTNERSHIP WITH BENUVIA OPERATIONS, LLC. WILL SUPPLY PHARMA EXPERT WITH AMERICAN MADE RAW MATERIALS FROM ITS INDUSTRY LEADING AND DEA-APPROVED SCH I & II DRUG FACILITY.

  • BRIGHT GREEN EMBARKS ON MAJOR PARTNERSHIP WITH BENUVIA PHARMACEUTICALS. WILL SUPPLY PHARMA EXPERT WITH AMERICAN MADE RAW MATERIALS FROM ITS INDUSTRY LEADING AND DEA-APPROVED SCH I & II DRUG FACILITY.

  • BRIGHT GREEN ANNOUNCES IT HAS OBTAINED A $3.5 MILLION FUNDING COMMITMENT UNDER AN EXISTING LINE OF CREDIT AND HAS ENGAGED AN INVESTMENT BANK TO SEEK A $15.0 MILLION DEBT FINANCING TO MOVE FORWARD WITH COMMERCIALIZATION.

  • CEO UPDATE

  • BRIGHT GREEN ANNOUNCES ITS EXPANSION CONTINUATION WITH A $100 MILLION SOLAR POWERED GENERATION FIELD TO SUPPLY HEAT AND ELECTRICITY TO ITS DRUG PRODUCTION AND MANUFACTURING FACILITY.

  • BRIGHT GREEN ANNOUNCES PLANS FOR $250 MILLION EXPANSION OF ITS CONTROLLED SUBSTANCES DRUG PRODUCTION FACILITY IN GRANTS, NEW MEXICO AND OBTAINS $60 MILLION IN FINANCING

  • Bright Green Corporation (BGXX) submits for historic DEA Registration for Production of Schedule I and Schedule II controlled substances.

  • BRIGHT GREEN CORPORATION GAINS MOMENTUM FOR THEIR “DRUGS MADE IN AMERICA” PLATFORM WITH APPROVAL FOR THE RESEARCH, PRODUCTION AND MANUFACTURING OF ALL SCHEDULE I AND SCHEDULE II PLANT-BASED DRUGS

  • BRIGHT GREEN CORPORATION ANNOUNCES CHANGES TO BOARD OF DIRECTORS

  • Bright Green Corporation announces the agreement to acquire platform technologies and associated intellectual property from C2 Wellness Corp.